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Steel prices in the second week of May 2022

According to the prices of the global steel markets, the scrap price reached 490$/tonne , Iron ore price was 128$/tonne , while the prices of billets ranged between 610 and 660$/tonne, and the prices of rebar ranged between 810 and 840$ / tonne.

Prices for iron and steel products in Russia and Ukraine were not obtained due to the war between them.

The following  prices of iron and steel in the global markets on 13/05/2022

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